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Family Office Briefing on research byTranswestern·Feb 3, 2025

Chicago Industrial Research Report - Q4 2024

Chicago industrial market shows signs of slowing with rising vacancy rates — family offices should consider co-GP opportunities with disciplined operators.

IndustrialChicagoIllinoisQ4 2024

Key Metrics

MetricValue
Direct Vacancy Rate5.0%
Overall Vacancy Rate5.6%
Net Absorption100,576SF
Under Construction19.3MSF

Metrics extracted from the source report and independently fact-checked. Method →

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